Citi Financial News
15.05 / 15:47
Citi
Pride
song
pop
gay
rights
bowling
Who is Harrison Butker? Why has he criticized Pride Month, gay rights and ridiculed pop icon Taylor Swift?
Kansas City Chiefs kicker Harrison Butker has been slammed for his allegedly sexist, anti-LGBTQIA+ speech. He has also been criticized for quoting his teammate Travis Kelce’s girlfriend, Taylor Swift. The three-time Super Bowl champion came under fire after he addressed the Catholic private liberal arts school in Atchison, Kansas, on Saturday.
15.05 / 13:39
Citi
Digital
Aware
Sustainability
innovations
Features
Destinations
Sustainability in Retail Development: Building eco-friendly shopping destinations
As the world becomes more eco-conscious every day, sustainability is now integrated into almost every sector. In the Indian retail sector, sustainable practices are gaining momentum, fueled by rising customer awareness and their demand for eco-friendly initiatives. As the cities transform to cater to their inhabitants’ needs, the retail sector is witnessing an evolution driven by various factors like urbanization, digitalization, and sustainable development. Amidst these cities, Noida-Greater Noida epitomize this evolution through their strategic initiatives and sustainable construction practices, showing the power of consumer influence in shaping a sustainable future.
15.05 / 13:39
markets
Citi
economy
community
wellness
trends
Relationships
Retail Hubs & Shop-Cum-Offices: A vital economic booster for urban development
Gone are the days when businesses operated in silos, today the concept of symbiotic relationship between retail and workspace, which is largely called Shop-Cum-Office, is gaining momentum. The rising trend of Shop-Cum-Offices is not a blip on the radar, rather it has changed the dynamics of the commercial real estate market which is expected to clock 7-8 percent growth in 2024 as industry experts suggest.
15.05 / 13:39
markets
Citi
Sustainability
community
trends
Features
Destinations
The changing face of luxury housing in Gurugram
Gurugram, long recognized as a cornerstone of the National Capital Region’s real estate sector, continues to redefine luxury living, evolving rapidly to meet the heightened expectations of affluent homebuyers. As 2024 unfolds, the city’s luxury real estate sector has been characterized by a distinct shift towards bespoke amenities and environmentally-sustainable features, mirroring global trends and local consumer preferences.
15.05 / 13:29
15.05 / 13:29
Citi
Platform
security
exclusive
hospital
reports
rights
Red.Health secures $20 million in Series B
BENGALURU : Red.Health, a healthtech startup backed by Kalaari Capital, has secured $20 million in a Series B funding round, in a combination of equity and debt, led by Singapore-based venture capital firm Jungle Ventures. The round also saw participation from both existing and new investors, including HealthQuad, HealthX, and Alteria Capital, the company announced on Wednesday. This fresh injection of capital comes as a significant relief for Bengaluru-based Red.Health, which has faced considerable financial challenges over the past year.
15.05 / 12:11
COST
Citi
Pool
love
country
Podcasts
Traffic
Why Bengaluru is Nikhil Kamath's favourite city? Zerodha co-founder says Mumbai has 'good-looking people but...'
Nikhil Kamath, the billionaire entrepreneur and co-founder of Zerodha, recently shared his admiration for Bengaluru, the country's startup capital, during his podcast on YouTube. Despite acknowledging challenges like traffic and road conditions, Kamath highlighted why Bengaluru stands out for him. He emphasized that Bengaluru's real treasure lies in its people, despite the hurdles like congested roads and traffic. .Kamath stated, «The big, big differentiator at the end of the day — forget all the roads, the traffic… those things don't matter — the people of Bengaluru are second to none… the love they have for the city, how nice they are as people.» Delving into what makes each city renowned, Kamath mentioned Hyderabad's biryani, Mumbai's «good-looking people» and fast-paced culture, and Delhi's affluent population. However, he reserved special praise for Bengaluru, describing it as a city famous for its kind-hearted residents. He also noted that people in Bengaluru are welcoming, down-to-earth, and subtle.
15.05 / 10:53
markets
UPS
Citi
Provident
wellness
reports
Equality
Peak XV-backed Awfis Space Solutions IPO to announce price band tomorrow; Check out 10 key things to know from RHP
₹128 crore and an offer-for-sale (OFS) of up to 12,295,699 equity shares of a face value of ₹10 each by the promoter selling shareholder, Peak XV Partners Investments V (formerly known as SCI Investments V), offloading up to 6,615,586 equity shares; other selling shareholders, Bisque Ltd, who intends to sell up to 5,594,912 equity shares; and Link Investment Trust, who is likely to sell up to 85,201 equity shares, as per the RHP. The company intends to use the net proceeds to fund the following objectives: capital expenditure for the establishment of new centres (42.03 crore); working capital requirements (54.37 crore); and general corporate purposes.
15.05 / 10:21
Citi
Cooper
Election
FTX
reports
Courts
Former FTX Executive Ryan Salame Seeks 18-Month Sentence, Citing Cooperation and Remorse
Ryan Salame, a former executive at FTX who pleaded guilty to election fraud charges in September, is requesting leniency from the court in the form of an 18-month sentence.
15.05 / 08:53
UPS
Citi
security
reports
Oberoi Realty shares jump 7% to record high on strong Q4 results
Oberoi Realty jumped 7 percent to their record high of ₹1,629.15 apiece in intra-day deals on Wednesday, May 15, after the real estate developer posted robust earnings for the quarter ended March 2024 (Q4FY24). The Mumbai-based developer posted a 64 percent year-on-year (YoY) increase in its net profit to ₹788 crore as against ₹480.3 crore in the same quarter last fiscal. Meanwhile, its total income for the quarter under review surged 56 percent YoY to ₹1,558 crore.
15.05 / 08:53
COST
Citi
Provident
Manufacturing
track
reports
Logistics Boom: Demand for warehouse automation soar amid 'Make in India' boost
manufacturing have boosted the demand for logistics in India, with a staggering 13.5 million square feet in January to March 2024 compared from 11 million square feet in the year-ago period, say a recent Savills India report. The data revealed that leasing of industrial and warehousing spaces in Tier-I cities increased 25% to 10.5 million square feet during January-March 2024 from 8.4 million in the year-ago, while Tier II and III cities witnessed a 20% growth to 3 million square feet from 2.5 million square feet during the given period.
15.05 / 08:53
Citi
wellness
show
Features
MahindraXUV300 owner thanks Anand Mahindra after horrific accident leaves ‘small scratches’
10 breathtaking NASA images showing Earth in all its glory; from Shanghai city lights to storm in Arabian sea, see pics The survivor's gratitude extends to Anand Mahindra and the entire team behind the Mahindra XUV300, reaffirming its reputation as a reliable and safe choice on the road. A user reacted, “Ahh! Hope you get well soon.
15.05 / 04:03
Citi
Metro
Election
Bill
show
hospital
reports
Mumbaikars, just show your inked finger to get a treat! Restaurants offer discounts to voters in Lok Sabha Elections
Also Read: Mumbai rainstorm: Who is Bhavesh Bhide owner of 'illegal' hoarding collapsed in Ghatkopar After casting their votes, voters can avail of discounts at different eateries in the metro city under schemes like “Pledge to Vote" and “Democracy discount" on May 20 and May 21. According to an Indian Express report, the “Pledge To Vote" campaign by the Hotel and Restaurant Association (Western India) has included several hotels and restaurants in Maharashtra. These eateries will offer a 10- 20 per cent discount to customers who cast their votes.
15.05 / 03:27
14.05 / 21:53
Citi
security
Bill
Trade
Department
rights
Relationships
What will the end of noncompete agreements mean for advisors?
The days of noncompete agreements might be numbered, and that bodes well for advisors seeking to jump from broker-dealers to RIAs.
14.05 / 19:37
UPS
Citi
pandemic
trends
Trade
reports
gatherings
Share of quick commerce in online FMCG sales rockets to 35% in FY24
consumer goods companies such as Hindustan Unilever (HUL), Dabur, Adani Wilmar and Parle Products have said the contribution of quick commerce to overall ecommerce sales rose as high as 35% in FY24, almost doubling in a year. Quick commerce drove overall ecommerce for these companies as well as the broader fast moving consumer goods (FMCG) industry, executives said. The contribution of quick commerce was 15-18% in FY23.
14.05 / 19:21
Citi
Reuters
Southern
War
Inside
rights
Israel advances further into Rafah
Israeli tanks forged deeper into eastern Rafah on Tuesday, reaching some residential districts of the southern border city where more than a million people had been sheltering after being displaced in seven months of war. «The tanks advanced this morning west of Salahuddin Road into the Brzail and Jneina neighbourhoods. They are in the streets inside the built-up area and there are clashes,» one resident told Reuters. Video on social media showed one tank in Al-Jneina neighbourhood. Hamas' armed wing said it destroyed an Israeli troop carrier with an Al-Yassin 105 missile in the eastern Al-Salam neighbourhood, killing some crew members and wounding others. The Israel Defense Forces declined to comment.
14.05 / 17:48
Citi
Bill
information
reports
ventilators
Courts
California moves closer to requiring new pollutant-warning labels for gas stoves
The California Assembly has approved legislation that would require new gas stoves to carry a label warning users about pollutants that have been linked to respiratory illnesses
14.05 / 17:47
COST
UPS
Citi
Auburn
reports
Here are the locations that Red Lobster is closing in the US
Red Lobster says it is closing nearly 50 of its restaurants in the U.S. The locations span across more than 20 states — cutting back on Red Lobster’s presence in cities like Denver, San Antonio, Indianapolis and Sacramento
14.05 / 17:47
14.05 / 13:33
UPS
Citi
Sony
Instagram
Actor
Celebrity
Videos
Mumbai hoarding collapse: From Mini Mathur to Soni Razdan-- celebrities pull up BMC over tragedy
discharged after treatment. The other injured people are still receiving treatment at the hospital. The tragedy evoked reactions from various influential people and celebrities, such as Mahindra Group chairman Anand Mahindra, actor Vijay Verma, Soni Razdan, and Mini Mathur, who expressed their shock at the accident.
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